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Studio flat for sale
2H Kilmory Terrace, Port Glasgow, Inverclyde, PA14 5PF
£22,000
2H Kilmory Terrace, Port Glasgow, Inverclyde, PA14 5PF
£22,000
Our Summary
- Tenanted investment opportunity
- Our client has indicated that they are open to pre-auction offers so speak to our dedicated property team today to secure a deal
Description
This is an immediate income-producing investment opportunity, a freehold 2-bedroom flat in a popular rental location, sold with a tenant in place. The property is generating £630 per month, equivalent to £7,650 per year, creating a rental yield of approximately 30%. The flat is located in a desirable area with excellent transport links, amenities, and access to schools, employers, and major attractions. The property itself features a spacious layout, excellent storage, gas central heating, double glazing, and a secure entry system. The tenant is on a private residential tenancy, and the seller is open to pre-auction offers, making it a great opportunity for investors to secure a low-cost property with a high yield.